Press release
Fibrin Glue Market to Grow at a Stable rate During the Forecast Period
The fibrin glue market is expected to grow at a CAGR of 10.9% between 2017-2023, to reach $3.6 billion by 2023. Rising healthcare expenditure, increasing number of surgical procedures and burn cases are some of the key factors, driving the growth of the growth. Additionally, increasing prevalence of chronic diseases, aging population, low chances of complications associated with these products and increase in road accidents also support the growth of the global market.Get a Sample Copy of this Report at: https://www.psmarketresearch.com/market-analysis/fibrin-glue-market/report-sample
In terms of application, the global fibrin glue market is categorized into cardiac surgery, general surgery, vascular surgery, pulmonary surgery, neurosurgery, lacerations of liver and spleen, burn bleeding, orthopedic surgery, plastic surgery, wound management, and others. Some of the other applications of fibrin glue based products include gastrointestinal surgery, hernia management, forniceal reconstruction surgery, pterygium and strabismus surgery, amniotic membrane transplantation, lamellar corneal grafting, management of conjunctival wound leaks after trabeculectomy, lid surgery, adnexal surgery. Cardiac surgery held the largest share of the global fibrin glue market in 2016. Fibrin based sealants are used for hemostasis and tissue adherence during cardiac surgeries to avoid the loss of blood, which is one of the most critical issue encountered while performing a cardiac surgery.
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Some of the key players operating in the global fibrin glue market include Vivostat A/S, Kaketsuken, Johnson & Johnson, Baxter International Inc., CSL Behring, Zimmer Biomet Holdings, Inc., Takeda Pharmaceutical Company Limited, Mallinckrodt Plc, Shanghai RAAS Blood Products Co. Ltd. and Hualan Biological Engineering Inc.
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